ACCOUNTS - Final Accounts preparation

Registered number: 11140533

CS DERBY LIMITED

Unaudited

Financial statements

Information for filing with the registrar

for the year ended 31 March 2025

CS DERBY LIMITED

Registered number: 11140533

Balance sheet

as at 31 March 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		95		95
			95		95
Current assets
Stocks	5	1,000,000		1,000,000
Debtors: amounts falling due within one year	6	1,439,765		156,801
Cash at bank and in hand	7	50,589		13,997
		2,490,354		1,170,798
Creditors: amounts falling due within one year	8	(1,554,513)		(237,639)
Net current assets			935,841		933,159
Total assets less current liabilities			935,936		933,254

Net assets			935,936		933,254

Capital and reserves
Called up share capital	1	1
Profit and loss account	935,935	933,253
	935,936	933,254

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CS DERBY LIMITED

Registered number: 11140533

Balance sheet (continued)

as at 31 March 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Adnan Siddiqi

Director

Date: 11 December 2025

The notes on pages 3 to 7 form part of these financial statements.

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CS DERBY LIMITED

Notes to the financial statements

for the year ended 31 March 2025

1.	General information

CS Derby Limited (company number 11140533) is a private company limited by shares, registered in England and Wales. Its regsitered office is at 3 Hollins House, 331 Hale Road, Hale Barns, Altrincham, WA15 8SS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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CS DERBY LIMITED

Notes to the financial statements

for the year ended 31 March 2025

2.Accounting policies (continued)

2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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CS DERBY LIMITED

Notes to the financial statements

for the year ended 31 March 2025

2.Accounting policies (continued)

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	95
	At 31 March 2025	95

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Class of shares	Holding

SRL (Manchester) Limited

Ordinary

95%

	The aggregate of the share capital and reserves as at 31 March 2025 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:
	Name	Aggregate of share capital and reserves	Profit/(Loss)

SRL (Manchester) Limited

(192)

(116)

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CS DERBY LIMITED

Notes to the financial statements

for the year ended 31 March 2025

5.	Stocks
		2025	2024
		£	£

Raw materials and consumables	1,000,000	1,000,000
	1,000,000	1,000,000

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	242,818	-
Other debtors	1,196,946	156,800
Called up share capital not paid	1	1
	1,439,765	156,801

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	50,589	13,997
	50,589	13,997

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	52,254	741
Amounts owed to group undertakings	1,387,563	-
Corporation tax	101	-
Other taxation and social security	5,750	5,553
Other creditors	28,750	231,250
Accruals and deferred income	80,095	95
	1,554,513	237,639

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CS DERBY LIMITED

Notes to the financial statements

for the year ended 31 March 2025

Related party transactions

At 31 March 2025 the company was owed £1,145,951 from the director A Siddiqi (2024: £0). Interest is charged to the director in respect of this loan which is classified within debtors due within one year. The loan was fully repaid to the company after the balance sheet date.
Included within other creditors due within one year is an amount of £230,638 (2024: £0) being a loan due to connected company Amstone Developments Limited. The loan is interest free and repayable on demand.
Included within other debtors due within one year is an amount of £0 (2024: £156,800) being a loan due from connected company Amstone Developments Limited. The loan is interest free and repayable on demand.
Included within other debtors due within one year is an amount of £242,818 (2024: £0) being a loan due from parent company Amstone Residential Limited. The loan is interest free and repayable on demand.
Included within other creditors due within one year is an amount of £1,128,510 (2024: £0) being a loan due to connected company Amstone Kingsgate Limited. The loan is interest free and repayable on demand.
Included within other creditors due within one year is an amount of £28,415 (2024: £0) being a loan due to connected company Amstone Property Management Limited. The loan is interest free and repayable on demand.
Included within administration expenses is a management fee charged by Amstone Developments Limited in the amount of £80,000 (2024: £160,000).
Included within administration expenses is a management fee charged by connected company Amstone Property Management Limited in the amount of £0 (2024: £42,500).

10.	Controlling party

The ultimate controlling party is Amstone Residential Limited.

CS Derby Limited is exempt from preparing consolidated accounts.

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